Adidas AG Current Ratio

  

Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Adidas AG 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
 = 
1.49 times

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare Adidas AG to competition

Adidas AG Current Ratio Assessment

Ratio  
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In accordance with recently published financial statements Adidas AG has Current Ratio of 1.49 times. This is 37.66% lower than that of the Consumer Goods sector, and 56.94% lower than that of Textile - Apparel Footwear and Accessories industry, The Current Ratio for all stocks is 53.87% higher than the company.
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Found 6 equities

Current Ratio

NKE GERNIKE Inc
3.04 times
PPX GERKering SA
0.98 times
ADS GERAdidas AG
1.49 times
PUM GERPUMA SE
1.91 times
GHH GERGeox SpA
1.84 times
1PL GERPowerland AG
3.09 times
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Peer Comparison
Adidas AG Current Ratio Comparison
Current Ratio  
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Adidas AG is rated fifth in current ratio category among related companies.
Return On Equity11.02 %
Return On Asset5.85 %
Profit Margin3.29 %
Operating Margin7.07 %
Current Valuation17.59 B
Shares Outstanding200.2 M
Price to Earning31.75 times
Price to Book2.97 times
Price to Sales1.04 times
Revenue16.36 B
Gross Profit6.92 B
EBITDA1.43 B
Net Income645 M
Cash and Equivalents1.2 B
Cash per Share6.00 times
Total Debt1.98 B
Debt to Equity0.35 times
Current Ratio1.49 times
Book Value Per Share28.55 times
Cash Flow from Operations1.15 B
One Year High94.5
One Year Low56.9
Earnings Per Share2.65 times
Number of Employees46.51 K
Market Capitalization16.82 B
Total Asset12.99 B
Retained Earnings4.92 B
Working Capital2.39 B
Current Asset7.32 B
Current Liabilities4.92 B
Z Score5.8